Core Insights - Anfield Energy Inc. has made significant progress in 2025, positioning itself as a leading near-term U.S. uranium producer, supported by favorable federal policies for nuclear energy [1][2]. Group 1: Achievements in 2025 - The company received accelerated regulatory approvals and made infrastructure investments, bringing it closer to restarting U.S. uranium production [2]. - Anfield successfully uplisted to the NASDAQ under the symbol "AEC" in September 2025, enhancing visibility among U.S. investors [3]. - Key management additions included former U.S. House Representative Jeff Duncan and former Fission Uranium CEO Ross McElroy, bringing valuable experience to the board [3]. - The Velvet-Wood Mine received expedited federal environmental approval in May 2025, with groundbreaking for mine reopening occurring on November 6, 2025 [3]. - Anfield completed a confirmation drill program at the JD-7 Mine and submitted applications to restart the JD-8 Mine, targeting operations in the second half of 2026 [3]. - The company procured specialized underground mining equipment, demonstrating operational readiness [3]. - Anfield signed an agreement to acquire BRS, Inc., enhancing its engineering capabilities and operational efficiency [3]. Group 2: Goals for 2026 - The company aims to commence initial uranium and vanadium production at the Velvet-Wood Mine and achieve operational restart at the JD-8 Mine [4]. - Anfield plans to secure final radioactive materials license amendment approval and refurbish the Shootaring Canyon mill to enable a full production restart with expanded capacity of up to 3 million pounds of uranium per year [4]. - The company intends to advance permitting and development at additional mines, including Slick Rock, to expand its resource pipeline [4]. - Anfield aims to ramp up overall mine production significantly to contribute to U.S. domestic supply, supported by long-term offtake discussions [4]. Group 3: Industry Context - The demand for uranium is surging due to nuclear power expansion, AI data center requirements, and energy security priorities [5]. - Anfield's progress aligns with broader U.S. nuclear industry milestones, including executive actions aimed at reinvigorating the nuclear industrial base and increasing capacity by 2050 [5]. - National initiatives emphasize energy independence and critical mineral security, creating a favorable environment for companies like Anfield [5]. - Significant investments are being made in advanced reactors and initiatives to expand uranium production, bolstering the nuclear workforce and supply chains [9].

Core Viewpoint - Western Uranium & Vanadium Corp. has announced a normal course issuer bid (NCIB) to repurchase up to 6,672,291 common shares, representing approximately 10% of the company's public float, to enhance long-term shareholder value [1][5]. Group 1: NCIB Details - The NCIB will allow the company to purchase shares over a 12-month period starting from December 19, 2025, and ending by December 18, 2026 [2]. - Purchases will be made on the open market at prevailing market prices, and all shares acquired will be cancelled [2][3]. - The company will fund the share purchases with cash on hand, and the timing and amount of purchases will depend on market conditions [3]. Group 2: Shareholder Value and Market Conditions - The Board of Directors believes that the current trading price of the shares does not reflect the company's business value and prospects, making the share buyback a suitable strategy [5]. - The NCIB may impact the anticipated use of funds as described in the LIFE Offering Document dated October 14, 2025, which will be discussed in the Annual Management Discussion and Analysis for the financial year ending December 31, 2025 [5]. Group 3: Company Overview - Western Uranium & Vanadium Corp. is focused on developing high-grade uranium and vanadium production, with ongoing projects in Colorado and Utah [7]. - The company is licensing and developing the Mustang Mineral Processing Plant and holds several resource properties, including the Sunday Mine Complex [7].

Core Insights - Uranium American Resources, Inc. (UAR) is advancing its Stateline Uranium-Vanadium Project, confirming strong historical mineralization with over 60 drillholes reporting uranium grades above 3,000 ppm [3][7] - The company is collaborating with DISA Technologies for preliminary metallurgical test work, which will be conducted at no cost to UAR [5][6][7] Project Update - A significant volume of historic drilling data has been digitized, including assay sheets and geological maps, supporting the project's mineralization potential [3] - Initial mapping has outlined multiple mineralized trends with a 700 ppm UO cut-off, and a distinct northwest target zone has been identified with historic assays reporting up to 0.45% UO and 3.45% VO [4][7] - Field crews will collect additional rock samples during the upcoming field program, building on a previous campaign that yielded assays above 1% uranium and 1% vanadium [4] Collaboration and Testing - The partnership with DISA Technologies aims to evaluate the suitability of their processing technology for the Stateline mineralization [5][6] - DISA will conduct bench-scale testing and non-invasive site surveys, including radiological scanning and mapping, to support the project [5][6] - The metallurgical sampling will run concurrently with UAR's field program, with updates expected as results are available [6][9] Technical Advancements - The company is undertaking sub-meter GPS surveying to confirm historic collar positions and integrating various geological data for improved target mapping [8] - Ongoing data integration efforts are aimed at modernizing the technical foundation of the project, enhancing understanding of its potential [9] - Engagement with external technical groups reflects broad interest in UAR's uranium-vanadium portfolio [10]

Core Insights - Blue Sky Uranium Corp. has completed an induced polarization geophysical survey at the Ivana Gap target, which is part of the Amarillo Grande Uranium-Vanadium Project in Argentina, indicating potential for mineralization [1][2][3] Geophysical Survey Results - The survey identified a 1,400-metre wide chargeability anomaly at a depth of 30 to 60 metres, suggesting a continuous redox front trend linking the Ivana Deposit and Ivana Central target [2][3] - The anomaly is interpreted to indicate the northerly extension of the REDOX front trend related to the Ivana Uranium-Vanadium deposit, highlighting Ivana Gap as a key area for further exploration [2][3] Future Exploration Plans - The results from the ET survey will guide the upcoming diamond drill program, which is scheduled to commence in the fourth quarter of 2025 [3][4] - The objective of the drilling is to trace the subsurface extent of the organic-rich sandstone/REDOX front between the Ivana Deposit and Ivana Central target [3] Joint Venture and Funding - The geophysical and drilling programs are funded by Ivana Minerales S.A., the joint venture company established to advance the Ivana Uranium-Vanadium Project [4] - Under the terms of the agreement, Ivana Minerales S.A. has the option to acquire up to a 100% interest in certain exploration targets at Amarillo Grande, subject to specific funding obligations [4][9] Technical Details of the Survey - The ET survey was conducted using a pole-dipole array with 15 m electrode spacing, covering a single 5-kilometre line [5][6] - The survey results show a broad chargeability anomaly interpreted as the REDOX front horizon signature, with additional smaller anomalies observed [6][7]

Core Viewpoint - Western Uranium & Vanadium Corp. has successfully closed a bought deal private placement financing, raising approximately Cdn$5,900,000 through the issuance of 6,555,556 units at Cdn$0.90 per unit, each unit consisting of one common share and one warrant [1][2]. Financing Details - The financing involved the issuance of units, with each unit priced at Cdn$0.90, resulting in total gross proceeds of about Cdn$5,900,000 [1]. - Each warrant is exercisable for one common share at a price of Cdn$1.20 for a period of four and a half years from issuance [1]. - The net proceeds will be allocated to various projects, including permitting for the Mustang Mineral Processing Plant, drilling for the San Rafael Uranium Project, and general corporate working capital [2]. Underwriting and Regulatory Information - The offering was underwritten by A.G.P. Canada Investments ULC, which received a 7% cash commission on the proceeds and 229,444 broker warrants, subject to a four-month hold period [4]. - The offering was conducted under the listed issuer financing exemption, allowing the shares and warrants to be offered without a statutory hold period in Canada, except Québec [3]. Company Overview - Western Uranium & Vanadium Corp. is focused on developing high-grade uranium and vanadium production, with ongoing projects in Colorado and Utah [6]. - The company is currently licensing and developing the Mustang Mineral Processing Plant and holds several resource properties, including the Sunday Mine Complex [6].

Core Viewpoint - Western Uranium & Vanadium Corp. has successfully closed a bought deal private placement financing, raising approximately Cdn$5,900,000 through the issuance of 6,555,556 units at Cdn$0.90 per unit, each unit consisting of one common share and one warrant [1][2]. Financing Details - The financing involved the issuance of units, with each unit priced at Cdn$0.90, leading to total gross proceeds of about Cdn$5,900,000 [1]. - Each warrant is exercisable for one common share at a price of Cdn$1.20 for a period of four and a half years from issuance [1]. Use of Proceeds - The net proceeds from the offering will be allocated to several key areas: - Permitting of Mustang Mineral Processing Plant - Drilling, monitoring, and permitting for the San Rafael Uranium Project - Mine development and maintenance across the production portfolio - Permitting and baseline data collection for Topaz Mine - General corporate working capital purposes, including administrative costs [2]. Regulatory and Underwriting Information - The offering was conducted under the listed issuer financing exemption (LIFE) and is not subject to any statutory hold period under Canadian securities laws [3]. - An underwriting agreement was established with A.G.P. Canada Investments ULC, which acted as the sole underwriter and bookrunner, receiving a 7% cash commission and 229,444 broker warrants [4]. Company Overview - Western Uranium & Vanadium Corp. is focused on developing high-grade uranium and vanadium production, with ongoing projects including the Mustang Mineral Processing Plant and the Sunday Mine Complex [6]. - The company is actively pursuing additional opportunities to acquire and develop properties near its processing plant site [6].

Core Insights - Western Uranium & Vanadium Corp. has successfully closed the acquisition of unpatented mineral lode claims, enhancing its portfolio in uranium and vanadium assets [1][2][3] Acquisition Details - The acquired claims include a drilled-out uranium-vanadium deposit, granting Western a 50% ownership interest in the area covered by historic drilling, which strengthens its production pipeline [2][3] - The new resource property is named the Uranium Ridge Project, which combines the surrounding claims with previously drilled Baboon Basin and Sawtooth claims, indicating significant exploration potential [3] Strategic Advantages - The newly acquired claims are located near the proposed Mustang Mineral Processing Plant site, which is expected to reduce haulage costs and improve logistics, thereby increasing shareholder value [4] - The Mustang site is being developed as a key regional processing hub, previously licensed by the Colorado Department of Public Health and Environment [4] Company Vision - The CEO of Western emphasizes the acquisition as a demonstration of the company's commitment to expanding its strategic footprint in uranium-rich districts, aiming to meet the rising demand for nuclear fuel [5] - Western is focused on developing high-grade uranium and vanadium production, with ongoing licensing and development of the Mustang Mineral Processing Plant [5]

Core Viewpoint - Western Uranium & Vanadium Corp. has increased its offering size from Cdn$5,000,000 to Cdn$5,900,000 due to strong investor demand, issuing 6,555,556 units at a price of $0.90 per unit [1] Group 1: Offering Details - The offering consists of units, each comprising one common share and one common share purchase warrant, with warrants exercisable at Cdn$1.20 per share for four and a half years [1] - A.G.P. Canada Investments ULC is the sole underwriter and bookrunner for the offering [2] - The offering will be conducted under the listed issuer financing exemption (LIFE) in all provinces of Canada except Québec, and in certain other jurisdictions [3] Group 2: Use of Proceeds - Net proceeds from the offering will be allocated to various projects, including permitting of the Mustang Mineral Processing Plant, drilling and monitoring for the San Rafael Uranium Project, mine development, and general corporate working capital [5] Group 3: Company Overview - Western Uranium & Vanadium Corp. is focused on developing high-grade uranium and vanadium production, with a production pipeline that includes multiple projects in Colorado and Utah [8] - The company is currently licensing and developing the Mustang Mineral Processing Plant and holds several resource properties, including the Sunday Mine Complex [8]

Core Viewpoint - Western Uranium & Vanadium Corp. has announced a bought deal private placement financing to raise approximately Cdn$5,000,000 through the issuance of 5,555,556 units at a price of Cdn$0.90 per unit [1] Group 1: Offering Details - Each unit in the offering consists of one common share and one common share purchase warrant, with the warrant exercisable at a price of Cdn$1.20 for a period of four and a half years [1] - The offering will be conducted under the listed issuer financing exemption (LIFE) in all provinces of Canada except Québec, and in certain other jurisdictions [2] - The closing of the offering is subject to necessary approvals, including compliance with Canadian Securities Exchange (CSE) requirements [3] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for various purposes, including: - Permitting of Mustang Mineral Processing Plant - Drilling, monitoring, and permitting for the San Rafael Uranium Project - Mine development and maintenance across the production portfolio - Permitting and baseline data collection for Topaz Mine - General corporate working capital, including administrative costs [4] Group 3: Company Overview - Western Uranium & Vanadium Corp. is focused on developing high-grade uranium and vanadium production, with ongoing projects in Colorado and Utah [7] - The company is currently licensing and developing the Mustang Mineral Processing Plant, which may utilize kinetic separation to enhance economic efficiency [7] - Western holds several resource properties, including the Sunday Mine Complex, its flagship property located in the Uravan Mineral Belt [7]

Core Insights - Anfield Energy Inc. has completed the first 12 holes of its 20-hole, 8,000-foot confirmation drill program at the JD-7 mine, focusing on uranium and vanadium resources [1][2][5] - The drill program aims to collect geological information, confirm existing resources, and explore potential resource expansion [1][2] - Initial results show significant mineralization, with 10 out of 12 holes exceeding the minimum cutoff grade of 200 ppm eU3O8 [6][7] Drilling Program Details - The drilling commenced on September 15, 2025, and has yielded encouraging results, with gamma ray logging indicating elevated uranium levels [5][6] - Significant intercepts include: - Hole JD7-25-004B: 17.0 ft grading 5,190 ppm (0.519%) eU3O8 with a peak of 14,850 ppm (1.485%) at 153.5 ft - Hole JD7-25-005: 19.0 ft grading 2,380 ppm (0.238%) eU3O8 with a peak of 9,240 ppm (0.924%) at 170.0 ft - Hole JD7-25-012: 17.0 ft grading 1,620 ppm (0.162%) eU3O8 with a peak of 5,990 ppm (0.599%) at 185.0 ft [5][6][7] Resource Confirmation and Expansion - The results indicate robust uranium mineralization across targeted areas, with seven holes showing a Grade Thickness (GT) over 0.5, suggesting high-potential zones [7] - The drilling program is designed to delineate the outer boundaries of the mineralized resource, providing valuable data for refining resource models and future mine planning [7][14] Future Plans - Anfield's CEO expressed optimism regarding the interim drill results, which align with the company's strategy to advance its uranium and vanadium projects toward production [2][14] - The remaining holes are expected to be completed in the coming weeks, with full results to inform future development plans, including integration into Anfield's hub-and-spoke production model centered around the Shootaring Canyon Mill in Utah [2][14] Laboratory Analysis - Two drill holes were completed with cored intervals to obtain physical samples, which will be analyzed by Pace Analytical and Hazen Research to determine uranium and vanadium content [13][14] - The analysis aims to validate gamma ray logging results and refine resource estimates for the JD-7 lease [13][14]